QUESTION

can I keep my house and car while I file bankruptcy

Asked on Nov 13th, 2013 on Bankruptcy - Mississippi
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1 ANSWER

Bankruptcy Attorney serving Burbank, CA
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Absolutely, depending on their values and which chapter you file, and what exemptions are available under applicable laws in your case. In Chapter 13 you can always keep your assets. In Chapter 7 you can keep them if you have sufficient exemptions to protect their equity value. You need to consult with an experienced bankruptcy attorney in your area for more details. See my blog article on keeping assets in bankruptcy for more information.
Answered on Nov 15th, 2013 at 4:06 PM

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